New Risk • Sep 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (2.4% increase in shares outstanding). 공시 • Aug 27
Shift4 Payments, Inc. (NYSE:FOUR) entered into a definitive agreement to acquire Givex Corp. (TSX:GIVX) for approximately CAD 190 million. Shift4 Payments, Inc. (NYSE:FOUR) entered into a definitive agreement to acquire Givex Corp. (TSX:GIVX) for approximately CAD 190 million on August 26, 2024. Under the terms of the Arrangement Agreement, holders of Givex will receive CAD 1.5 for each Givex Shares which implies an aggregate equity value for Givex of approximately CAD 200 million. The consideration will be funded with Shift4's cash on hand. The sell-side termination fee equates to CAD 7.75 million. The deal was unanimously approved by the Givex board of directors on the special committee recommendation. The deal is subjected to approval of the Ontario Superior Court of Justice and Givex's shareholders approval. The transaction is expected to close in November 2024. Canaccord Genuity Corp. acted as fairness opinion provider and financial advisor to Givex Corp. Wildeboer Dellelce LLP acted as legal advisor to Givex Corp. Torys LLP acted as legal advisor to the special committee of Givex Corp. Goldman Sachs & Co. LLC acted as financial advisor to Shift4. Bennett Jones acted as legal advisor to Shift4. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: CA$0.033 (vs CA$0.008 loss in 2Q 2023) Second quarter 2024 results: EPS: CA$0.033 (up from CA$0.008 loss in 2Q 2023). Revenue: CA$20.9m (up 7.4% from 2Q 2023). Net income: CA$175.0k (up CA$1.15m from 2Q 2023). Profit margin: 0.8% (up from net loss in 2Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Diversified Financial industry in Germany. 공시 • May 18
Givex Corp. Announces the Launch of GivexEngageAI Givex Corp. announced the launch of GivexEngageAI an artificial intelligence (AI) platform that enhances customer relationships through data-driven profiles and highly targeted engagement campaigns. GivexEngageAI builds detailed, 360-degree customer profiles based on guests' interactions with a business, such as loyalty accounts, average purchase amounts, transactional information, and more. The future of business interactions is personalized, and companies are looking for the next generation of tailored customer engagement. With EngageAI, business leaders will have streamlined access to data on every customer interaction within a company's technology ecosystem, helping to support data-driven decision-making. Leveraging data from GivexPOS and its related products, such as online ordering, GivexEngageAI harnesses the power of AI to help businesses enhance engagement and drive revenue. With 360° Customer Profiles, companies can gain a complete understanding of the customer and turn previously anonymous visitors into repeat, valued guests. These detailed profiles lay the groundwork for intelligent, automated campaigns that manifest across multiple channels — from push notifications to texts — sending AI-driven recommendations based on purchase history and similar customer profiles. EngageAI also enables automated engagement, maximizing marketing potential and enabling businesses to predict, recommend, and effectively engage with customers. By channelling insightful data through each transaction, GivexEngageAI will enable businesses to immediately launch orchestrated omnichannel customer journeys through multiple built-in channels. To get started, businesses simply select the channels they need at any step of their journey, and add more as their needs expand. Reported Earnings • May 03
First quarter 2024 earnings released First quarter 2024 results: Revenue: CA$20.8m (up 8.6% from 1Q 2023). Net income: CA$492.0k (up CA$1.73m from 1Q 2023). Profit margin: 2.4% (up from net loss in 1Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Diversified Financial industry in Germany. New Risk • Apr 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 48% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (€75.9m market cap, or US$82.3m). 